Owner Financing is Available!
Business Overview:
Are you looking for an opportunity to own a fun, well established business, serving a high end clientele, then this business is for you. This business offers a unique product blend (i.e. high end tile products, top quality plumbing fixtures and home hardware fixtures), so it has no direct competition. That means, a retail customer, an interior designer or a home builder could satisfy their shopping needs for these three product lines in one convenient stop.
The business is priced to sell. The owner is highly motivated to retire and devote more time to his family. A new owner has a great opportunity to expand the volume of business and increase revenues, while maintaining already favorable margins.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
High end ceramic tile and plumbing fixture business in 5,000 sq. ft. retail showroom. It is the only retailer in the DFW Metroplex supplying high end porcelain, glass and decorative tile, and upper-end designer quality plumbing and home hardware fixtures. It's location is ideal, it has ample parking and the condition of the showroom is excellent. Business has been in current location since 2006, but was established in 1983 and during that time, has built a solid, loyal clientele. Monthly rent is $5,250 and the lease runs through 10/2011.
FF&E of $141,051 included in the asking price.
Support/Training: The Owner will provide transition training to new owner for one month at no charge.
Market Competition and Expansion:
Competition: The business is in an ideal location; very close to downtown Dallas and easily accessible from several major highways. It is the only retailer in the DFW Metroplex supplying high end porcelain, glass and decorative tile, and upper-end designer quality plumbing and home hardware fixtures. Because of this, it can satisfy the needs of a much broader group of shoppers than a store providing only one of these products.
Growth/Expansion: The growth potential of this business is significant. The owner has been distracted by family issues and because of this, has not been able to devote normal time and energy to the business. Obviously, this business, like most, has also been affected by the recent downturn in the economy. However, given the unique nature of this business and a new owner able to focus exclusively on the business, a return to previous, or higher levels of revenue is a reasonable expectation.
Reason for Selling:
Retiring.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: